South Africa

Overview

South Africa has a diversified economy with established financial markets, mining, manufacturing and business services. Its mineral resources, automotive industry and commercial links give it an important role in regional and global supply chains.

Johannesburg is a major financial centre, while Cape Town and other cities support technology, tourism and creative businesses. Electricity and freight constraints, high unemployment and deep inequality remain significant obstacles to broader economic opportunity.

On the rise

Energy investment, stronger logistics and export-oriented industry offer routes to unlock South Africa's productive capacity — with job creation and more inclusive growth essential measures of progress.